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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Alomex who wrote (108126)	9/8/2000 7:56:53 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Very funny. What are they? Your wording was last few quarters. Amazon never does it that way. It would look worse. I can compare some numbers but only those they release<G>. Amazon claimed revenue per customer in Q2 2000 was $26 and revenue per active customer for the last 12 months was $125. Revenue per active customer for the prior twelve months to Q1 2000 was $121.00. This shows an increase in revenue per custmer which is a neat metric except during the conference call after Q2 Amazon never again made reference to the revenue per active customer in Q1 2000. Going back in time to find that number, revenue per active customer in Q1 2000 was $28 and was $29 for Q2 1999. Amazon would prefer you skip comparing Q1 2000 to Q2 2000 revenue per active customer due to a decline of 8% sequentially. Even worse is comparing Q1 2000 to Q4 99 which was a decline of 45% but that is understandable due to the holiday season. Please focus on the numbers management would like you to know. Revenue per active customer increased 16% year over year as long as we use the prior twelve months and not the fiscal year. Return customer rate was 56%. I do not recall the return customer rates off hand for prior quarters and twelve months. Glenn

To: Alomex who wrote (108126)	9/8/2000 9:02:04 PM
From: Glenn D. Rudolph	Respond to of 164684

Amazon filed an Amended 10K/A today with the SEC. This paragraph I found of interest since management insists there will be no more need for cash: "We believe that current cash, cash equivalents and marketable securities balances, together with net proceeds from the PEACS, will be sufficient to meet our anticipated operating cash needs for at least the next 12 months. However, any projections of future cash needs and cash flows are subject to substantial uncertainty. If current cash, cash equivalents, marketable securities and cash that may be generated from operations are insufficient to satisfy our liquidity requirements, we may seek to sell additional equity or debt securities or to obtain credit facilities from lenders. The sale of additional equity or convertible debt securities could result in additional dilution to the Company's stockholders. In addition, we will, from time to time, consider the acquisition of or investment in complementary businesses, products, services and technologies, and the repurchase and retirement of debt, which might impact our liquidity requirements or cause us to issue additional equity or debt securities. There can be no assurance that financing will be available in amounts or on terms acceptable to us, if at all."

To: Alomex who wrote (108126)	9/8/2000 9:02:16 PM
From: Glenn D. Rudolph	Respond to of 164684

Amazon filed an Amended 10K/A today with the SEC. This paragraph I found of interest since management insists there will be no more need for cash: "We believe that current cash, cash equivalents and marketable securities balances, together with net proceeds from the PEACS, will be sufficient to meet our anticipated operating cash needs for at least the next 12 months. However, any projections of future cash needs and cash flows are subject to substantial uncertainty. If current cash, cash equivalents, marketable securities and cash that may be generated from operations are insufficient to satisfy our liquidity requirements, we may seek to sell additional equity or debt securities or to obtain credit facilities from lenders. The sale of additional equity or convertible debt securities could result in additional dilution to the Company's stockholders. In addition, we will, from time to time, consider the acquisition of or investment in complementary businesses, products, services and technologies, and the repurchase and retirement of debt, which might impact our liquidity requirements or cause us to issue additional equity or debt securities. There can be no assurance that financing will be available in amounts or on terms acceptable to us, if at all." Edit